Nest Labs Buys Dropcam, Gains Linux-Based Surveillance Cams

Nest Labs is buying Dropcam for $555 million, and will integrate Dropcam’s Linux-based surveillance cameras into its own Linux-based home automation system. Nest’s deal to acquire Dropcam for $555 million was revealed by Recode and confirmed in a Nest blog post by co-founder Matt Rogers. The acquisition follows Nest’s own acquisition by Google for $3.2 […]